Housing insight report December 2025

The UK housing market shows cautious resilience as buyer demand and sales volumes rise, but long transaction times and falling stock continue to limit momentum. In the rental sector, tenant demand has eased slightly, yet pressure remains intense as supply stays tight, rents continue to rise, and uncertainty unsettles landlords and tenants.

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This report is based on responses to a monthly survey of Propertymark member agents. The analysis is based on data provided by around 100 sales and 100 letting agents across the UK.

Residential sales

Average house price grows slightly

Using the latest available data, the average UK house price stood at £271,000 for November 2025.

Sales volumes show an increase  

UK sales volumes rose in December 2025, with provisional data showing an increase compared to the same period last year.

Residential lettings

Demand continues to outpace supply significantly

With the average number of applicants per member branch sitting at around six people per property available in December 2025, it is evident that the demand for rental properties continues to outstrip supply.

Slight decline in tenancies agreed

The average number of new tenancies agreed per member branch remains static at 7.31 in December 2025.

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